The IRS announced filing season will begin on Monday, Jan. 29, 2018. Appointments are being accepted beginning Monday, January 15, 2018. The final tax deadline will be Tuesday, April 17. (April 16 is Emancipation Day, a legal holiday in Washington, D.C.).
#Jan 8, 2018
By law, the IRS cannot issue refunds before mid-February for tax returns that claim the Earned Income Credit or the Additional Child Tax Credit.
#Dec 18, 2017
The IRS began a new private collection program of certain overdue federal tax debts selecting four contractors to implement it. The IRS will always notify a taxpayer before transferring their account to a private collection agency (PCA). First, the IRS will send a letter to the taxpayer and their tax representative informing them that their account is being assigned to a PCA and giving the name and contact information for the PCA.
#Dec 7, 2017
Aggressive & threatening phone calls by criminals impersonating IRS agents remain to be the top of the phone scams list. It has been a persistent and pervasive problem for many taxpayers for many months. Scammers are able to alter caller ID numbers to make it look like the IRS is calling. They use fake names and bogus IRS badge numbers. They often leave “urgent” callback requests. They prey on the most vulnerable people, such as the elderly, newly arrived immigrants and those whose first language is not English. Scammers have been known to impersonate agents from IRS Criminal Investigation as well.
#April 18, 2017
The PATH act law prohibits the IRS from releasing tax refunds prior to February 15thfor taxpayers claiming the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC) tax credits. The law may create tax refund delays up to six weeks or more.Therefore, any returns claiming the EITC or ACTC credit(s) that is prepared in the early part of the filing season will not be released for up to 4 weeks instead of the standard 21 days or less timeframe.The delay is to help prevent fraud due to identity theft and refund fraud. For more information, visit www.irs.gov.
#Jan 25, 2017